In a head to head on trust, costs, and tools, Moneta Markets and Tickmill square off across regulation, fees, and platform options, highlighting divergent strengths.
Tickmill leads overall on the editorial score, scoring 4.3 vs Moneta Markets' 4.1.
Find out which broker best suits your trader profile.
Choose Moneta Markets if…
Choose Moneta Markets if you want a proprietary AppTrader platform and a larger instrument universe.
Choose Tickmill if…
Choose Tickmill if you want investor compensation scheme coverage and no dealing desk on Pro accounts.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Both brokers offer spreads from 0.00 pips.
| Editorial score | 4.1/ 5 | 4.3/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.1 / 5 | 4.4 / 5▲ |
Pros
ASIC, FSCA, and FSA Seychelles licensing, choice of regulatory framework
Pro ECN account: 0.0 pip spreads with $6 commission
MT4, MT5, and proprietary AppTrader platform
Strong localisation for Africa and Asia
Regulated by top-tier authorities (FCA, ASIC, CySEC)
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | Moneta Markets | Tickmill |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Pass | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Pass |
| Compensation scheme (e.g. FSCS) | Fail | Pass |
| Fees & Spreads | ||
| Raw/ECN spreads available | Pass | Pass |
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Pass |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Pass |
| Proprietary platform | Pass | Fail |
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Pass |
| Multilingual support | Pass | Pass |
The scores are close: Moneta Markets rates 4.1/5 and Tickmill rates 4.3/5. Tickmill has a marginal edge in our scoring, but the difference is small enough that your specific priorities — fees, platforms, or regulatory jurisdiction — should guide the final choice.
Both Moneta Markets and Tickmill start from 0 pips, making them equivalent on this metric. Compare commissions and account types to evaluate total trading costs.
Moneta Markets has $50, while Tickmill requires at least $100. This makes Moneta Markets more accessible for traders with limited starting capital.
Both Moneta Markets and Tickmill hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Check each broker's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners, two factors stand out: Moneta Markets requires a lower minimum deposit ($50), lowering the barrier to entry, and both brokers provide negative balance protection. Also compare demo account availability and educational resources before deciding.
Moneta Markets lists maximum leverage of 1000:1, while Tickmill lists up to 1000:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
Both Moneta Markets and Tickmill charge the same commission of $6 per lot on applicable accounts.
Moneta Markets supports MetaTrader 5, Proprietary Web/Mobile, MetaTrader 4, while Tickmill supports MetaTrader 5, MetaTrader 4. Both provide MetaTrader 5 and MetaTrader 4. Moneta Markets has exclusive access to Proprietary Web/Mobile.
Tickmill offers FCA and CySEC oversight, strengthening safety versus Moneta Markets.
Tickmill has no dealing desk on Pro accounts, with strong regulation.
Both brokers offer equivalent ECN conditions including raw spread accounts, commissions, and spread levels.
Moneta Markets offers a proprietary AppTrader alongside MT4/MT5 for broader platform choice.
Moneta Markets requires a $50 minimum deposit, lowering entry for beginners.
Moneta Markets provides 1000 instruments versus Tickmill's 600.
Fees & Spreads 30% weight | 4.4 / 5 | 4.5 / 5▲ |
|---|
Platforms & Tools 20% weight | 4.0 / 5 | 4.0 / 5 |
|---|
Customer Support 10% weight | 4.0 / 5 | 4.1 / 5▲ |
|---|
| Founded | 2019 | 2014 |
|---|
| Headquarters | Sydney, Australia | London, United Kingdom |
|---|
| Min Deposit | $50▼ lower | $100 |
|---|
| Spreads From | 0 pips | 0 pips |
|---|
| Commission / lot | $6/lot | $6/lot |
|---|
| 0.6 pips | 0.6 pips |
| Max Leverage | 1,000:1 | 1,000:1 |
|---|
| Inactivity Fee | None | None |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardSkrillNeteller | Bank transferCredit cardDebit cardSkrillNeteller |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNeteller | Bank transferCredit cardSkrillNeteller |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | ASIC FSCA FSA Seychelles | FCA FSCA CySEC |
|---|
| Platforms | MetaTrader 5 Proprietary Web/Mobile MetaTrader 4 | MetaTrader 5 MetaTrader 4 |
|---|
| Active bonuses |
|---|
Client funds held in segregated accounts
Negative balance protection
No deposit fees
No inactivity fee
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Advanced charting tools included
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
Multilingual customer support
Pros
Industry-low commission of $6 round-turn on Pro account
Strong FCA, CySEC, and FSCA regulatory coverage
No dealing desk on Pro and Raw accounts
Negative balance protection for retail clients
Client funds held in segregated accounts
Investor compensation scheme coverage
No deposit fees
No inactivity fee
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Advanced charting tools included
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
Multilingual customer support
Cons
Founded 2019, limited track record vs established competitors
Lower brand recognition outside Africa and Asia
FSA Seychelles entity offers limited investor protection
No investor compensation scheme
Cons
No cTrader support
Limited asset classes compared to multi-asset peers
Not available to US residents
No proprietary platform
Dig deeper into each broker’s features, fees, and regulation.
Score 4.1 / 5
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